Doug Niedrich - Coldwell Banker Distinctive Properties Logo
$2,099,000
( $453.84Per Sq Foot )
 $11,268 est/mo Sourced by Back At You

230 Third Street,Eagle, CO 81631

Eagle, CO 81631

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Description

Exceptional mixed-use investment opportunity in the heart of downtown Eagle. Situated on a highly visible corner along Highway 6, this 8-unit building benefits from exposure to approximately 11,000 vehicles per day, making it an ideal location for a variety of commercial uses. The property is currently 100% leased and generates a 6.8% cap rate, with flexible lease terms that provide a buyer the opportunity to reposition the property, occupy it, or redevelop it in the near future. Several units have been updated, and there is ample on property and on-street parking surrounding the building. The seller also has approximately $30K worth of architectural plans for an additional three-bedroom upper-level unit, offering further value-add potential. Whether you're an investor seeking stable cash flow, an owner-user looking for a company headquarters with employee housing, or a developer exploring the property's future potential, this asset offers exceptional flexibility. The property is zoned for approximately 75% commercial and 25% residential use. The current configuration may not conform to existing zoning requirements, and buyers are encouraged to verify all zoning, permitted uses, redevelopment potential, and compliance with the Town of Eagle.

Details

MLS #1014773
Listing TypeFor Sale
StyleMixed Use
Sub-TypeResale
StatusActive
Year1932
Days On Site59
Listing Provided ByVail Land Company LLC | Vit Blanar

Features

SQ Feet4,625
Story(s)2
Units8
Building(s)8
ZoningCMU2
Acreage0.28

Taxes

Property10537

Area Information

StateCO
CountyEagle
CityEagle
Zip Code81631
AreaEagle
Community NameThe Gray Subdivision
Listing VS Median (in The Gray Subdivision)
Price:
$2,099,000
low | high
Med:
$2,099,000
50% of Average
sqft:
4,625
low | high
Med:
4,625
50% of Average
$ / sqft:
$454
low | high
Med:
$454
50% of Average
On site:
59
low | high
Med:
59
100% of Average
Sourced by Back At You

Market Activity 81631

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Additional Information

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Contact

Learn More About This Property

Doug Niedrich

Doug Niedrich

Coldwell Banker Distinctive Properties

SP50200 (208) 720-2088cbdougniedrich@gmail.com
StateCO
CountyEagle
CityEagle
Zip Code81631
AreaEagle
Community NameThe Gray Subdivision
Listing VS Median (in The Gray Subdivision)
Price:
$2,099,000
low | high
Med:
$2,099,000
50% of Average
sqft:
4,625
low | high
Med:
4,625
50% of Average
$ / sqft:
$454
low | high
Med:
$454
50% of Average
On site:
59
low | high
Med:
59
100% of Average
Sourced by Back At You
Listing Updated: July 22, 2026 at 2:50:38 PM PDT

Doug Niedrich - Coldwell Banker Distinctive Properties